The prices in real estate in Kitchener, in the Ontario region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Kitchener has increased strongly during the last 6 months. In June, the average price per sq.feet was $351. In the following month the price per sq.feet increased considerably to $71,407. The price for the following two months in (August, September) had a considerable increment of 270 %. The price per sq.feet has had a considerable increase of 171 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $66,370.25 to $113,417.5 during October, and November.
Based upon to the price in Kitchener (cities), these have remained the same in the last 6 months. In our first sample month during June, the average price is $545,501. In July This price remains at $525,811. In the following two months the average price has remained the same with regard to the previous two months from $535,656 to $555,025. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $545,340.5 and $531,084 between October and November.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $509,159 in Kitchener. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of ($90,806 / sq.feet) in Kitchener. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Kitchener we can see that the cheapest property type is "House" at a price of $509,159, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $90,806 / sq.feet. "House" with an average cost of $90,806 / sq.feet has the lowest price and would be directed at less affluent cities.